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Overview
15 Stinton Street, Mandurah
Situated on a prime R60 zoned, flat 1001 square meter parcel of land, this property offers an exceptional opportunity for buyers interested in future development potential. The existing residence, while not newly constructed, is currently tenanted and habitable, providing a source of rental income to help offset holding costs during the exploration of development options under the R60 zoning.
This zoning allows for a variety of development possibilities including apartment complexes, townhouses, or single-storey units, subject to council approval. The flexibility and potential for redevelopment make this property a valuable long-term investment for astute buyers.
Location is a key advantage, with the Mandurah train station located just a 10-minute walk away, enabling a convenient commute to Perth CBD in under an hour. Additionally, the property is close to the Forum Shopping Centre and the lively Mandurah Foreshore, known for its diverse range of bars, restaurants, cafes, and vibrant nightlife.
The land itself measures approximately 1001 square meters with an estimated frontage of 17.5 meters and a depth of 56.4 meters. The block is rectangular in shape with no awkward angles, offering flat and easy access from the street. It is situated in a quiet street, enhancing its appeal for residential development.
The existing home is a classic Mandurah cottage featuring two bedrooms, one bathroom, and a single garage. While it may benefit from some maintenance and cosmetic updates, it currently serves its purpose well and provides immediate rental income while future development plans are considered.
This property represents a rare opportunity to secure a substantial landholding in central Mandurah with significant development potential. Interested buyers are encouraged to consider the possibilities this site offers for both immediate use and future redevelopment.
Disclaimer: The information provided is for general purposes only and is based on details supplied by the seller. It may be subject to change and no warranty or representation is made as to its accuracy. Prospective buyers should conduct their own independent enquiries to verify all information.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Mandurah WA 6210
Market Insights for Mandurah WA 6210
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